Keep America At Work

How about we give them credible data?

I was reading the email that follows and this line jumped out at me.

If they don’t have credible data, how about we give it to them.

My name is Virgil Bierschwale, I live in Harper, TX, I was born on 27 Dec 1957 and I am 51 years of age and unable to find work anymore in the software engineering field.

I want each and every one of you that has been put out to pasture because of your age (less then 65 please) to add a comment with your information and be sure and pass this around to all of your friends and former coworkers because it is up to us to generate the data to substantiate our claims.

Matloff lacks definitive data on, for example, the proportion of
older workers who are laid off and replaced by younger workers
or H-1B visa holders.

You can read the rest of the email below

<<<<< JOB DESTRUCTION NEWSLETTER No. 2034 -- 7/02/2009 >>>>>

When I heard that Moira Herbst of Businessweek wrote an article about Norm Matloff, I read it with extreme trepidation. Herbst is a skilled writer and journalist, but she is very much a corporate globalist who supports H-1B and outsourcing. Despite her obvious bias the article wasn’t as bad as I anticipated.

There are a few things in the article that I felt should be commented on.

To some opponents of H-1B visas, Matloff is something of a hero –
and in a sense, the intellectual backbone of their movement.

That may be the most profound thing Herbst has ever written (which probably isn’t saying very much!). As far as I know, Norm Matloff is the first one to make the connection between H-1B and age discrimination. I first found out about Matloff many years ago when I was trying to figure out why I couldn’t find good engineering jobs. For many reasons I began to suspect my
40+ age was a factor (in one interview the manager asked me if I would
40+ have
a problem riding go-karts with “the boys” on Friday). I stumbled into Matloff’s “Debunking” paper and much to my astonishment it read like my autobiography. The stories in that paper have been accused of being anecdotal, but they are the story of my ruined career. They aren’t anecdotal to me!

My journey into the H-1B issue originated from the wealth of information that Matloff provided on age discrimination in the computer/IT professions.

I’m not sure why Herbst used so many quotes from Vivek Wadhwa, an Indian supremacist who writes articles mostly for the same magazine. Surely she could have found someone outside of Businessweek to take cheap shots at Matloff! Arthur Hu was briefly mentioned but his credibility is damaged by the fact that he is a Chinese racist who has an obsession with hating Matloff.

Vivek Wadhwa didn’t stop his attacks there however — he complained
that Matloff’s “research doesn’t seem to have been published by
credible authorities or have received any form of peer review.”
That’s a very disingenerous thing for Wadhwa to say considering
Matloff’s 99 page report “On the Need for Reform of the H-1B
Nonimmigrant Work Visa in Computer-Related Occupations” was
published by the University of Michigan Journal of Law Reform.

Wadhwa’s assertion that the data Matloff uses has “no basis” is a vindictive attack that might have been exacerbated every time Matloff effectively debunked the corporate sponsored studies published by Wadhwa and his politically correct cronies at Harvard and Duke Universities.
Matloff has poked so many holes in Wadhwa’s studies it’s amusing stuff to read.

Most of the studies I have seen from Wadhwa contain data that is tailored to coincide with predetermined conclusions, and they somehow always seem to “prove” that we need to allow more Indians into the U.S. to take our jobs.
To Matloff’s credit he sees right through these scurrilous studies that parade as objective academia. Wadhwa has very little room to criticize Matloff for using faulty data.

As for peer review: Before Matloff subjected that Michigan paper to a formal peer review he invited comment from a wide variety of people in and out of academia. I doubt Wadhwa was on Matloff’s review list, which makes me suspect that Wadwha’s remarks are caused by a case of extreme narcissism. I know that Matloff had the paper reviewed by outsiders because I was one of many that reviewed it!

Matloff deserves praise for inviting a wide variety of activists both inside and out of academia to review his material. Vivek Wadhwa in contrast prefers to keep his research data within a small clique of Ivory Tower professors and corporate sponsors.

I can personally vouch for the fact that Matloff not only listened to many of us, he incorporated changes into his study when he determined that our critiques had merit. Wadhwa had this to say about Matloff:

Matloff routinely attacks the work of other academics by citing
statistics and data which have no basis,” says Vivek Wadhwa,
a Duke University engineering professor and fellow with the
Labor & Worklife Program at Harvard Law School. (Wadhwa is also
a columnist for BusinessWeek.com.) “He claims to have performed
his own research, but this research doesn’t seem to have been
published by credible authorities or have received any form of
peer review.”

OK, I’m not an ivory tower academic, so I decided to ask Norm Matloff the following questions, and I got the following answers which he gave me permission to quote:

<<<<< Start of Q&A >>>>>

QUESTION BY ROB: Norm, has Vivek Wadhwa ever invited you to peer review anything of his? Have you asked him to do the same?

ANSWER BY NORM: This is not how it works. Instead, one submits a manuscript to a journal, and the associate editor chooses some reviewers. The reviewers, whose names are typically not divulged to the author(s) of the manuscript, critique the paper and recommend acceptance or rejectance.

Ironically, I criticized Vivek for not having peer-reviewed work. I pointed out serious errors in his papers, and said that peer review would have caught them. Since he now is accusing me of not having peer-reviewed work (he is incorrect on that, but that’s not my point here), I assume that means that he finally has submitted something to an academic journal.

On a related matter, recall that I said in my e-newsletter the other day that almost all my analyses are an open book, based on public data such as PUMS, PERM, NCSG and so on. Anyone can verify my results. By contrast, Vivek’s data is all private. I have asked him to share it with me, and he has declined my request.

QUESTION BY ROB: So, one more question — was your Michigan Reform study peer reviewed, and if not, why?

ANSWER BY NORM: Yes, I said so in my critique of the BusinessWeek article.
By the way, the archived copy of my critique (with a couple of typos
corrected) is at:

http://heather.cs.ucdavis.edu/Archive/BusinessWeekProfile.txt

<<<<< End of Q&A >>>>>

There are a few other things in the article that are cause for concern — of course we should keep in mind that the quotes might not be accurate or they are taken out of context (Herbst does that sometimes). I have great respect for Lindsay Lowell, director of policy studies at Georgetown University’s Institute for the Study of International Migration, but he was quoted as saying something that makes me scratch my head in bewilderment:

Matloff lacks definitive data on, for example, the proportion of
older workers who are laid off and replaced by younger workers
or H-1B visa holders.

Lindsay Lowell is a researcher and a darn good one, and as such he will never have enough data (do a google search to find his excellent studies on the many facets of immigration including H-1B). Gathering and analyzing data is what he does. Matloff and many other researchers have been gathering facts about H-1B for a very long time. Matloff has adequately proved the connection between H-1B and age discrimination but I have no doubt that academics like Lowell could study statistics for another 10 years before they came to a definitive conclusion. In the meantime our entire computer/IT industry is being given away to YOUNG foreign nationals.

By now all of you have read something by ITGrunt. Allow me to come out of the closet and admit that sometimes I go to his website. I find his material entertaining and yet provocative. Sometimes he even reminds me of myself in the early days of my rage against the machine. Some people have speculated that ITgrunt is just a ghost name that I use. I assure all of you that I am not the ITgrunt, so let’s put an end to that bit of internet mythology.

ITgrunt’s stories from the work world seem to have a kenel of truth to them, but sometimes his specifics on H-1B are weak on the facts. I was rather stunned that Businessweek asked his opinion on Matloff:

“While I do admire Matloff and find his work to be substantial, his
contribution to our cause has been academic and largely ignored by
the I.T. industry,” says “Kevin,” who publishes a blog that
routinely refers to Indian tech workers as “slumdogs” (itgrunt.com).

Kevin, or ITgrunt, or whomever your name is: I got news for you — the IT industry and everyone else who employs H-1Bs routinely ignores Matloff and anyone else that criticizes H-1B — that includes you and I. The corporatocrats and their toadies in government will continue to marginalize us until we either vote the traitors out of office or pay them off. Forget the latter option because the cheap labor lobby will always outbid us, and they control the bully pulpit of the mainstream media so they also control public opinion.

Donna Conroy was quoted, but I have no idea what she is talking about here:

“The thing that’s missing in Norm Matloff’s strategy is fighting for
a seat at the table,” says Donna Conroy, executive director of
Bright Future Jobs.

I’m not sure what seat at the table Donna is talking about, but she is right about fighting — we need a lot more of that and a lot less apathy and cowardice. Conroy’s next statement is excellent except for one thing:

“We need a political movement that allows us to help craft
legislation. All the numbers [Matloff] crunches won’t have
nearly the impact as American technical professionals
standing up for themselves.”

I just don’t agree with the characterization of Matloff as being merely a number cruncher. In addition to his heroic efforts to educate clueless Americans about H-1B he has testified before Congress and has been on innumerable panels, discussions, news shows, radio talk shows, etc. At times all of us out there have wished Matloff would do more, but realistically just how much is a working university professor expected to do? Techies need to learn to fight their own battles if they expect to get their jobs back.

Conroy is totally right-on about the need for techies to do something for themselves. Until they organize and do something politically, the best result we can expect is for more academic studies to be authored that will explain or deny the obvious harms that H-1B has wrought on the U.S. work force — and the debate will go on and on.

MUST READ STUDIES:

“On the Need for Reform of the H-1B Nonimmigrant Work Visa in Computer-Related Occupations”, by Norm Matloff, University of Michigan Journal of Law Reform, Fall 2003 http://heather.cs.ucdavis.edu/MichJLawReform.pdf

“Debunking the Myth of a Desperate Software Labor Shortage”, Testimony to the U.S. House Judiciary Committee Subcommittee on Immigration, Dr. Norman Matloff, Presented April 21, 1998

http://www.ccis-ucsd.org/publications/wrkg12.PDF
“H-1B Temporary Workers: Estimating the Population”, By B. Lindsay Lowell, 2000

http://papers.ssrn.com/sol3/papers.cfm?abstract_id=990152
America’s New Immigrant Entrepreneurs: Part I, by Vivek Wadhwa and others, January 4, 2007

+++++++++++++++++++++++++++++++++++++++++++++++++++

http://www.businessweek.com/bwdaily/dnflash/content/jun2009/db20090626_58502
8.htm

Immigration June 28, 2009, 8:25PM EST text size: TT An Academic’s Labor Helps Fight H-1B Visas Norm Matloff, a computer science professor with a Chinese-born wife, says the U.S. skilled-immigrant visa system exploits workers everywhere

By Moira Herbst

Not many computer science professors are activists on immigration policy.
But Norm Matloff of the University of California, Davis wears both hats. He has been a vocal critic of the H-1B visa program for skilled immigrants since the mid-1990s, and now maintains a Web page and e-mail listserv discussing offshoring and the H-1B visa program, which he calls a “sham.”
He says his motivation is to protect and preserve tech job opportunities for the students he teaches.

“I have no personal stake in any of this,” says Matloff, who is 60. “If the H-1B program were disbanded tomorrow, my personal well-being would not improve one iota. [But] when I see something that is not right and about which I know something, I tend to speak out. On this issue, I know where the bodies are buried.”

The H-1B visa program inspires heated debate, especially online. The program is controversial for a number of reasons. Some critics say the program allows U.S. companies to import cheaper labor, dampening wages and displacing U.S. workers. Others say it facilitates outsourcing, as it allows Indian-born tech workers to train in the U.S. and then return home and perform the work there. Still others point to mounting evidence of fraud in the program and a lack of government oversight.
“De Facto Indentured Servants”

Matloff stresses that the problem is not fraud or crime but the H-1B visa law itself. He says that the law as currently written allows H-1B visa holders to receive below-market wages. The policy also allows for age discrimination as older U.S. tech workers are displaced by a younger workforce from abroad. “Though the industry lobbyists portray it as a remedy for labor shortages and as a means of hiring ‘the best and the brightest’ from around the world, the visa is used to access workers that cost less and are de facto indentured servants,” Matloff writes on his blog.

Matloff has written extensively about the effects of globalization and offshoring on U.S. IT workers and has been quoted on the issue in most major media outlets. He has also testified before Congress as an expert on the work visa law. Some of his most influential academic work includes a fall 2003 article in the University of Michigan Journal of Law Reform on the H-1B work visa called “On the Need for Reform of the H-1B Nonimmigrant Work Visa in Computer-Related Occupations.” A 2006 article that linked H-1B visas to age discrimination in the computer industry was published by the California Labor & Employment Law Review.

As are most advocates on immigration issues, Matloff is a controversial figure. He’s admired by supporters — including activists on H-1B visa issues — but criticized by other academics who don’t share his views and who chafe at his often-abrasive rhetorical style. Critics also suggest there could be a xenophobic undertone implicit in his critique of the H-1B visa program. Matloff posts opinionated blog entries on the Web site of Numbers USA, a group calling for lower levels of immigration. His writing prompted one tech worker, Arthur Hu of Bothell, Wash., to create a Web page criticizing Matloff, whom he calls the “Hatchet Man of Asian Immigration.”
Matloff: Job Loss Is the Only Issue

Matloff firmly denies that he is prejudiced. He says that to the contrary, he is active in the Chinese community and has served as an expert witness in litigation on age and racial discrimination in the software industry. He points out that he is the son of an immigrant who grew up in a working-class, ethnically mixed part of Los Angeles. His wife was born in China and he speaks both Cantonese and Mandarin with her and their daughter at home. “I hope that absolves me of all suspicion,” he says.

Matloff also disputes the idea that those who oppose the H-1B visa program are xenophobic. “To make the claim that somehow the [anti-H-1B visa] movement is motivated by race is flat-out wrong,” says Matloff. “People can get really emotional in listservs, some of them to the point of getting paranoid.But even then I don’t see racial or xenophobic language [emerge], except on occasion.” He adds that the issue is about the loss of jobs and not ethnicity. “The implication [of the racial argument] would be that an activist wouldn’t mind if some Canadian or someone of European ancestry took his or her job,” he says. “If you lose your job, you lose your job.”

Matloff has influence on the H-1B visa debate beyond his Web page and e-mail newsletter. He has worked with Senator Charles Grassley (R-Iowa) on a bill introduced in April that would add restrictions to the H-1B visa program.
Drawing Criticism from Both Sides

To some opponents of H-1B visas, Matloff is something of a hero — and in a sense, the intellectual backbone of their movement. “Matloff was the first person to raise attention to this issue and provide a detailed analysis of the impact of the H-1B visa program,” says John Miano, founder of U.S. tech advocacy group the Programmers Guild and a labor attorney in Summit, N.J.
“I and others knew what was going on anecdotally, but he got the data together to shine the light on the big picture. He provides most of the leadership from an academic point of view.”

Others seem less enamored. “While I do admire Matloff and find his work to be substantial, his contribution to our cause has been academic and largely ignored by the I.T. industry,” says “Kevin,” who publishes a blog that routinely refers to Indian tech workers as “slumdogs” (itgrunt.com). “THAT IS ONE ARTICULATE [expletive]“, wrote Kevin in a post in April referring to Matloff. (Matloff distances himself from “Kevin” and his Web site and says his views are “unrepresentative.”)

Matloff has his share of supporters and critics in the academic world, too.
“Matloff routinely attacks the work of other academics by citing statistics and data which have no basis,” says Vivek Wadhwa, a Duke University engineering professor and fellow with the Labor & Worklife Program at Harvard Law School. (Wadhwa is also a columnist for BusinessWeek.com.) “He claims to have performed his own research, but this research doesn’t seem to have been published by credible authorities or have received any form of peer review.”
Policymaking vs. Research

But other academics say they respect his work. “Matloff understands the guts of the issue in a way many academics don’t,” says B. Lindsay Lowell, director of policy studies at Georgetown University’s Institute for the Study of International Migration. “He brings a lot of passion to the subject, which has its upsides and downsides. At times it can detract from his message.” Lowell adds that “as a professor, I believe he may take the career options of his students seriously and believes, to some extent, that an oversupply of highly skilled immigrants — H-1Bs in particular — is not in the interest of the domestic supply line.” But Lowell says that like many researchers in this area, Matloff lacks definitive data on, for example, the proportion of older workers who are laid off and replaced by younger workers or H-1B visa holders.

Anti-H-1B activists say they’re worried less about academic research and more about shaping policy. “The thing that’s missing in Norm Matloff’s strategy is fighting for a seat at the table,” says Donna Conroy, executive director of Bright Future Jobs, a lobbying group that advocates restricting the H-1B visa program. “We need a political movement that allows us to help craft legislation. All the numbers [Matloff] crunches won’t have nearly the impact as American technical professionals standing up for themselves.”

Still, Matloff says he’s ready to roll up his sleeves and get to work on H-1B visa reform: “If and when Congress wants to clean up this mess, I can tell them how to do it.”

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FREEDOM

“Of those 56 who signed the Declaration of Independence, nine died of wounds or hardships during the war. Five were captured and imprisoned, in each case with brutal treatment. Several lost wives, sons or entire families. One lost his thirteen children. Two wives were brutally treated. All were at one time or another the victims of manhunts and driven from their homes. Twelve signers had their homes completely burned. Seventeen lost everything they owned.”

Yes, America’s Declaration of Independence, which is our nation’s birth certificate, was purchased at a very high price. Rightly did its primary author, Thomas Jefferson, invoke God’s name no less than four times in the Declaration. Without God, our struggle for independence and freedom would surely have failed.

You can read the article by clicking here

I guess our government doesnt realize that manufacturing is out thanks to the globalization proponents

Fact Sheet

Bureau of Economic, Energy and Business Affairs

Washington, DC

July 1, 2009

Foreign direct investment (FDI) is an important source of economic growth and job creation in the United States and around the globe.

In the past decade, the stock of U.S. direct investment abroad has more than tripled (increasing from $871 billion in 1997 to $2.8 trillion in 2007).

In 2006, FDI directly or indirectly contributed to 8.91% of U.S. GDP ($1.17 trillion).

Inbound FDI totaled $236.7 billion (1.8% of GDP).
U.S. companies earned $352 billion from overseas direct investments and remitted $90.5 billion (0.69% of GDP) to U.S. parent firms in the form of dividends.
19% of U.S. exports ($203 billion, 1.54% of GDP) were shipped to foreign subsidiaries of U.S. firms.
20% of U.S. exports ($214 billion, 1.62% of GDP) were shipped from U.S. affiliates of foreign firms to their parents overseas.

In 2006 U.S. affiliates of foreign companies employed 5.3 million Americans.

U.S. affiliates of foreign firms spent $395.8 billion (3% of GDP) compensating U.S. employees and $34.3 billion (0.26% of GDP) on research and development.

U.S. exports support millions of American jobs. About 19.9% of all jobs in America’s manufacturing sector depend on exports.

The United States has a significant stake, as both the world’s largest source and recipient of foreign direct investment, in working with our economic partners both multilaterally and bilaterally to implement policies that facilitate global investment flows. The State Department encourages nondiscriminatory, open, and market-oriented environments for U.S. investment abroad through a wide range of bilateral and multilateral initiatives, including the Organization for Economic Cooperation and Development (OECD) Freedom of Investment project, the G-8 Heiligendamm process, the UN Conference on Trade and Development (UNCTAD), and the Asia-Pacific Economic Cooperation forum (APEC). The negotiation of bilateral investment treaties (BITs) establishes rules that protect the rights of American investors abroad and provide market access for future American investment.

An open investment climate helps ensure that American citizens continue to reap the benefits associated with inward investment. Through its role as a member of the Committee on Foreign Investment in the United States (CFIUS), the inter-agency panel which reviews the national security implications of certain cross-border mergers and acquisitions (M&As), the State Department, working with other CFIUS agencies, makes recommendations and develops consensus positions on such transactions, seeking to ensure protection of U.S. national security interests without imposing unnecessary burdens on foreign investment which is vital to U.S. prosperity. In 2008, CFIUS concluded action on more than 150 transactions, reflecting over $200 billion in inward U.S. investment. Mergers and acquisitions of existing U.S. firms accounted for the vast majority (92%) of new FDI outlays in 2007.

Posted Under: Uncategorized
This post was written by admin on July 2, 2009 Comments (0)

Another report from the land of inaccurate numbers

Advance copies of this statement are made available to the press under lock-up conditions with the explicit understanding that the data are embargoed until 8:30 a.m. Eastern Daylight Time.

Statement of

Keith Hall
Commissioner
Bureau of Labor Statistics

Thursday, July 2, 2009

Nonfarm payroll employment continued to fall in June (-467,000), and the unemployment rate was little changed at 9.5 percent. Since the recession began in December 2007, payroll employment has dropped by 6.5 million, and the unemployment rate has increased by 4.6 percentage points.

Payroll employment declines continued to be widespread among the major industries. In June, there were large decreases in manufacturing, construction, and professional and business services. Together, these three sectors have accounted for nearly three-quarters of the jobs lost since the recession began.

Manufacturing employment fell by 136,000 in June, bringing job loss in this industry to 1.9 million since the start of the recession. Motor vehicle and parts employment declined by 27,000 over the month; since the start of the recession, the industry has lost 335,000 jobs, about one-third of its total.

Construction employment decreased by 79,000 in June. Job losses in the industry have totaled 1.3 million during this recession.

Employment in professional and business services dropped by 118,000 in June. Job losses occurred throughout the industry, including temporary help services (-38,000), services to buildings and dwellings (-17,000), and architectural and engineering services (-14,000). Since the start of the recession, professional and business services has lost
1.5 million jobs; temporary help services accounted for over half of this decline.

Federal government employment fell by 49,000 in June, largely reflecting the layoff of workers temporarily hired to prepare for Census 2010. Elsewhere in the service-providing sector, job losses continued in financial activities (-27,000), information (-21,000), and wholesale trade (-16,000). Retail trade employment edged down over the month (-21,000); losses continued among auto dealerships (-9,000).

The health care industry added 21,000 jobs over the month, in line with its average monthly gain for the first 5 months of this year, but below the average gain of 30,000 jobs per month in 2008.

Average hourly earnings for production and nonsupervisory workers in the private sector were unchanged in June at $18.53.
Over the past 12 months, average hourly earnings have risen by
2.7 percent. From May 2008 to May 2009, the Consumer Price Index for Urban Wage Earners and Clerical Workers declined by 1.5 percent.

Turning to measures from the household survey, the unemployment rate was little changed at 9.5 percent in June. The rate had increased by 0.4 or 0.5 percentage points in each of the prior 6 months. Since the onset of the recession in December 2007, the unemployment rate has risen by 4.6 percentage points.
There were 14.7 million unemployed persons in June, little changed from the prior month. Since December 2007, unemployment has risen by 7.2 million.

The number of persons unemployed for 27 weeks or longer continued to increase in June. The 4.4 million long-term jobless individuals accounted for 3 in 10 unemployed persons.

The employment-population ratio edged down to 59.5 percent in June. The ratio has fallen by 3.2 percentage points since the recession began.

Among the employed, there were 9.0 million persons working part time in June who would have preferred full-time work. After rising sharply last fall and winter, this measure has been little changed since March.

In summary, nonfarm payroll employment continued to fall in June (-467,000), with job losses totaling 6.5 million since the recession began. The unemployment rate, at 9.5 percent, was little changed over the month.

Could our Academic Donors be Waking Up?

Many of the people that donate money to our schools and colleges made their fortune here in America.

They worked alongside Americans or hired Americans and they made the right business decisions and probably even had a bit of Lady Luck on their side.

So for years, they have given back to their communities because it was the right thing to do.

Problem is, our colleges and our communities have turned on Americans and hired people from other countries that have the attitude that we can help you to save money by hiring people from our homeland without realizing the ramifications of their actions and this has created the current Global Economic Crisis.

Yep, I’m well aware that our expert economists will tell you this is not true and I believe it is because they have lost their ability to reason and to look at things with an open eye.

But I’m beginning to think that our Donors to our Colleges and our communities have not lost the ability to reason things out and I’m praying that they are voting with their dollars.

You can read the article by clicking here

When will we hold our government accountable?

If you read my previous article, you noticed that there really are about 30 million people out of work.

I just received this email regarding today’s unemployment report

Google it and you will find that during the Clinton years, the reporting methodology was changed for the unemployment numbers.

Now if we can’t even trust our government to give us the whole truth and nothing but the truth, then WHY do we allow them to stay in there?

WASHINGTON (AP) Payrolls drop larger-than-expected 467,000; jobless rate rises to 9.5 percent, 26-year high.

Bob Evans, Senior VP, GLOBAL CIO moving to India

Wouldn’t that make a great headline?

You can read his garbage by clicking here

Indian IT services firms have been cutting their rates by 35% or even 40% as global clients continue to look for ways to reduce costs in the global economic downturn. The depth of this latest round of rate cuts is “unprecedented,” according to an industry expert based in India.

“In certain projects the billing rates are down to $16 an hour, which analysts say are the lowest-ever rates,” says the Economic Times of India. “And such rates will continue at least till Q1 next year, they add.”

At offshore advisory firm Tholons, CEO Avinash Vashisth said he’s never seen price cuts this severe: “The last month or so has seen unprecedented cut in billing rates even for existing customers,” Vashisth says in the article. And the impact is reaching even the top-tier Indian services companies such as Tech Mahindra and Infosys, the article adds.

This is a prime example of the type of results you get when you have people with no credible business experience writing articles for our tech journals telling us how to do things.

If he could count, he would realize that with 30 MILLION Americans out of work and you factor in the fact that Americans account for 70% of all purchases at home and abroad, then you have the following affect on our GDP.

14,860,000,000,000 is our GDP according to this site that you can read by clicking here

Seventy percent of that is 10,402,000,000,000

Now if you figure that there are 154 million taxpayers according to the IRS DataBook and you divide that by the 30 Million Americans that are out of work, you come up with .194805195, so we’ll call it twenty percent of Americans are out of work.

Wow, Imagine that. If you look at the true unemployment numbers described on the left hand side of your screen, you will find that the number is actually around 22 percent, but we’ll use the 20 percent number for our calculations.

So if you multiply 10,402,000,000,000 times 20 percent, you come up with 2,080,400,000,000 which is a little over 2 TRILLION DOLLARS out of the GDP.

Its no wonder that the rest of the World is suffering.

So if you want to know why the Indians are having to lower their bill rate to 16 dollars per hour, it is because of people like this and many others in our academic and media industries that are at fault.

You want people to go back to work, you take these globalization folks and put them on a slow boat to North Korea so that they can do their damage over there because they are doing the same damned thing that Alan Greenspan did when he stated that he did not calculate what would happen if housing prices fell because they had never done so.

These people are making the same mistakes because they will not do a very simple exercise which is to take each countries GDP and divide it by each countries population to arrive at each countries purchasing power.

You can tell that they haven’t done it because if they had, they would say “Oh My Gosh, Americans really do keep the rest of the World afloat by consuming the Worlds goods”

InformationWeek, it’s off to the Wall of Shame with you

Texas was wild and free in 1880

Do you realize that Texas was wild and free in 1880?

In 1980 it was fairly well tamed, but we were still free and doing our best to Keep America Working and Strong and Prosperous.

Now some 29 years later, we are hearing talks of socialism and many of our senior Americans (over 50) are having to work side by side with the high school kids bagging groceries.

Do you even wonder if America will still exist in 29 more years?

What does an Oil Field Bumper Sticker and H-1B’s have in common?

When I was a young kid and had just started working in the oil field, I used to see these bumper stickers and for a lot of years, I wondered what it meant.

Lord, please give me one more oil field boom because I promise not to piss it away this time

Now that the inmates are running the asylum, I believe our modern day bumper sticker should be

Lord, please give me ten more years of work because I never dreamed you would put me out of work when I still had a good 20 years left in me

Is your career field on the endangered list?

You will need Microsoft Excel to view the list or an excel compatible viewer.

bls_oes_2008_vs_2007

The information in this list was taken from the Dept of Labor site that you can view by clicking here and you can do your own analysis by downloading the 2008 and the 2007 zip files.

If your career title is in RED, that means that there were less of your career field in 2008 then there were in 2007.

Now, I must caution you that I consider the data that they put out to be GARBAGE because they use a sampling methodology as does the IRS.

For instance, after all the computer jobs went offshore, I became a licensed realtor only to see the real estate market crash.
But one thing I do know is that there are about 1.2 million realtors in America.

Yet this report only shows there being 164,080 real estate agents and 51,390 real estate brokers in 2008.
Now that is a far cry from 1.2 million, isn’t it?

To be fair to them, they are having their budgets cut as you can read by clicking here
Scroll down to the Special Notices section

Due to budget constraints, Occupational Employment Statistics has reduced the sample size of the May 2008 panel by 20 percent. Because OES estimates are produced from three years of pooled data, this one-time sample reduction will affect estimates for May 2008, May 2009, and May 2010. This reduction is expected to decrease the number of published employment estimates by at least five percent, or about 25,000 estimates, and will decrease the accuracy of the remaining estimates. The number and quality of wage estimates are also expected to decline. These cutbacks are being implemented in response to a reduction in funding to the BLS that resulted from The 2008 Consolidated Appropriations Act enacted on December 26, 2007.